Market Sees More Trading Action, Limited Moves

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Market Sees More Trading Action, Limited Moves

The Jacobsen | 05.11.2023

**Please note - Ryan Standard was out of the office today and will return on May 12. In his absence, please contact Amanda Luhavalja at [email protected].**

Trading was a bit more active today, with a handful of deals and price changes reported. Three cars of packer BFT sold at 56.50 cents Chicago, after offers earlier in the day as high as 58 cents were left on the table. In addition, three railcars of choice white grease traded at 55 cents Chicago, up from 53 cents previously.

Although...

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Dog and Cat Food Export $/MT Lower After 6-Months Higher

Dog and Cat Food Export $/MT Lower After 6-Months Higher

According to the May release from the U.S. Census Bureau, March 2023 dog and cat food exports (dollar value...

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Animal Fats – International

Animal Fats – International

The Australian and New Zealand markets were steady this week with no changes reported. Market dynamics remain similar, increasing...

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Weekly Grain Exports Hit-and-Miss

Weekly Grain Exports Hit-and-Miss

Market Update

Soybean futures slipped to a one-week low this morning, falling sharply overnight. This bearish move was caused primarily...

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Hide Weights Decrease As Summer Months Near

Hide Weights Decrease As Summer Months Near

Buyer and seller negotiations remain ongoing, but some business was concluded for steer selections. Colorado branded steers and jumbo...

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European Tanners Extend Close Due to Holidays & Limited Demand

European Tanners Extend Close Due to Holidays & Limited Demand

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May 11

Argentine slaughter totaled 1.2 million head in April, up almost 10 percent from a...

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SBO Futures Close Just Above 51 Cents

SBO Futures Close Just Above 51 Cents

Edible oil futures prices were lower on Thursday, as a weaker U.S. dollar, rapid planting progress in the U.S....

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Animal Proteins – International

Animal Proteins – International

International animal proteins had limited reports for the week, with some extending holidays from the start of May. Values...

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USDA Announces New Avenue for Funding

USDA Announces New Avenue for Funding

The USDA has invested considerable funds in the organic sector through a variety of programs since 2020.  Much of...

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